Honestly not even close to this for anything beyond simple projects. At this point it will empower non engineers to write horrible code that works for happy path coding. A non engineer doesn't even know what to prompt for.
Meanwhile experienced engineers can use it to make rapid progress on larger projects.
But it's a very long way from say prompting the next Unreal engine or a game like Halo. Or even a complex web platform which I use it for daily. Very helpful. No way can it reason across the entire stack in a cohesive way reliably., but brainstorming architecture patterns is amazing. And always gets you dirrctionally right if you know what you are prompting for.